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    February 24, 2015

    Weekly Raw Steel Production: 2+ Year Low

    Written by Brett Linton

    For the week ending February 21, 2015, the American Iron & Steel Institute (AISI) estimated that the U.S. steel industry produced 1,716,000 net tons (NT) of raw steel, a 2.5 percent decrease over the previous week and a 5.9 percent decrease over the same week one year ago. The estimated capacity utilization rate is 72.6 percent, down from 74.4 percent last week and down from 75.8 percent last year.

    Raw steel production is the lowest level seen since the week ending November 1, 2012 when production was 1,707,000 tons and the capacity utilization rate was 69.7 percent. The latest capacity utilization rate is the lowest seen since the week ending December 27, 2014 when it was 72.6 percent and production was at 1,746,000 tons.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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